Previous close | 695.00 |
Open | 742.00 |
Bid | 736.80 x 0 |
Ask | 737.20 x 0 |
Day's range | 731.40 - 744.80 |
52-week range | 571.00 - 766.60 |
Volume | |
Avg. volume | 11,695,816 |
Market cap | 18.888B |
Beta (5Y monthly) | 0.84 |
PE ratio (TTM) | 8.68 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.21 (3.07%) |
Ex-dividend date | 07 Mar 2024 |
1y target est | N/A |
The latest investor updates on stocks that are trending on Thursday.
Standard Chartered PLC beat forecasts on Thursday with a 5.5% rise in first-quarter pretax profit, as a surge in income from its trading and wealth businesses more than compensated for additional credit losses. The bank, which makes the bulk of its revenue and profits in Asia, saw profit at its investment banking unit climb 13% in the quarter. StanChart's shares, a focus for CEO Bill Winters, jumped more than 6% in London by 0720 GMT, matching earlier gains in Hong Kong.
LONDON/HONG KONG (Reuters) -Standard Chartered PLC beat forecasts on Thursday with a 5.5% rise in first-quarter pretax profit, as a surge in income from its trading and wealth businesses more than compensated for additional credit losses. The bank, which makes the bulk of its revenue and profits in Asia, saw profit at its investment banking unit climb 13% in the quarter. Peaking central bank interest rates worldwide have capped the recent gains banks have made from lending-based income, putting pressure on them to increase non-interest revenue from such fee-based businesses.